A602, Sherena Residence
Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A602, Sherena Residence
What is A602 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,347 sqft
- Floor
- 6th of 10
- Parking
- G-28
- Developer
- Rose Homes Investment
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.13M · May 2017
- Building
- Sherena Residence
About A602, Sherena Residence
A602 is a two-bedroom apartment of 1,347 sqft on the 6th floor of Sherena Residence, a 10-storey tower in Majan completed in 2017 by Rose Homes Investment. The developer sold it on 2 May 2017 for AED 1,127,979, or AED 837 per sqft, in line with the AED 818 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 62,920 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 14,800 a year.
Sales and rents for A602 over time
A602 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sherena Residence, and where A602 sits
All 96 2-beds →A602 last sold in May 2017 at AED 837 per sqft, in line with what two-beds in Sherena Residence were fetching at the time (AED 818). Over the last 12 months two-beds sold for AED 1,270,000, around AED 938 per sqft, and rent for AED 67,489 to 101,000 a year. A602's AED 62,920 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 1,353 sqft | 1,270,000 | 938 | ||
| 24 Jul 202524 July 2025 | 1,143 sqft | 1,130,000 | 988 | ||
| 11 Jun 202511 June 2025 | 1,143 sqft | 1,150,000 | 1,005 | ||
| 1 May 20251 May 2025 | 1,276 sqft | 1,175,000 | 921 |
Sherena Residence
Building297 apartments, studios to 4-bed over 10 floors in Majan, completed in 2017 by Rose Homes Investment. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,158
- Typical sale
- AED 530K
- Typical rent
- AED 66K /yr
- Typical yield
- 6.1%
Other units on the 6th floor
All 297 units in Sherena Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A601 | 1-bed | 908 sqft | AED 800KAED 800,000 · Jul 2024July 2024 | 50,000 /yr | |
| A603 | 1-bed | 881 sqft | AED 723KAED 723,388 · Jul 2017July 2017 | 57,802 /yr | |
| A604 | 1-bed | 865 sqft | AED 840KAED 840,000 · Feb 2025February 2025 | 46,200 /yr | |
| A605 | 1-bed | 869 sqft | AED 560KAED 560,000 · Sep 2022September 2022 | 40,000 /yr | |
| A606 | 2-bed | 1,348 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 62,000 /yr | |
| A607 | 2-bed | 1,276 sqft | AED 440KAED 440,000 · Dec 2019December 2019 | 70,817 /yr | |
| A608 | 2-bed | 572 sqft | AED 820KAED 820,000 · Jan 2018January 2018 | 90,000 /yr | |
| A609 | Studio | 436 sqft | AED 360KAED 360,000 · Jul 2022July 2022 | 37,275 /yr | |
| A610 | Studio | 438 sqft | AED 529KAED 529,000 · Feb 2026February 2026 | 28,600 /yr | |
| B601 | 2-bed | 1,353 sqft | AED 1.02MAED 1,020,000 · Sep 2024September 2024 | 55,000 /yr | |
| B602 | Studio | 433 sqft | No registered sale | 60,000 /yr | |
| B603 | Studio | 474 sqft | AED 473KAED 473,000 · Jun 2024June 2024 | 44,000 /yr | |
| B604 | 1-bed | 904 sqft | AED 680KAED 680,000 · May 2023May 2023 | 43,000 /yr | |
| B605 | 2-bed | 1,308 sqft | AED 1.11MAED 1,107,547 · Jun 2024June 2024 | 85,000 /yr | |
| B606 | 1-bed | 869 sqft | AED 698KAED 697,525 · Nov 2023November 2023 | 57,000 /yr | |
| B607 | 1-bed | 869 sqft | No registered sale | 65,000 /yr | |
| B608 | 2-bed | 1,308 sqft | AED 1.03MAED 1,030,000 · Aug 2024August 2024 | 95,000 /yr | |
| B609 | 1-bed | 904 sqft | AED 680KAED 680,000 · Feb 2024February 2024 | 44,000 /yr | |
| B610 | Studio | 474 sqft | AED 460KAED 460,000 · Apr 2024April 2024 | 43,000 /yr | |
| B611 | Studio | 433 sqft | AED 370KAED 370,000 · Sep 2023September 2023 | 28,600 /yr | |
| B612 | 2-bed | 1,353 sqft | No registered sale | 105,000 /yr | |
| B613 | 3-bed | 1,730 sqft | AED 1.19MAED 1,185,000 · Jul 2023July 2023 | 85,000 /yr | |
| C601 | 1-bed | 908 sqft | AED 600KAED 600,000 · Mar 2023March 2023 | 42,000 /yr | |
| C602 | 2-bed | 1,350 sqft | AED 1.2MAED 1,200,000 · Jan 2018January 2018 | 87,000 /yr | |
| C603 | 1-bed | 881 sqft | AED 617KAED 616,945 · Dec 2017December 2017 | 55,000 /yr | |
| C604 | 1-bed | 865 sqft | AED 800KAED 800,000 · Feb 2025February 2025 | 62,000 /yr | |
| C605 | 1-bed | 869 sqft | AED 608KAED 608,279 · Jan 2018January 2018 | 62,000 /yr | |
| C606 | 2-bed | 1,351 sqft | AED 870KAED 870,000 · Jun 2023June 2023 | 60,000 /yr | |
| C607 | 2-bed | 1,275 sqft | AED 1.2MAED 1,200,000 · Dec 2017December 2017 | 87,000 /yr | |
| C608 | 2-bed | 1,143 sqft | AED 1.13MAED 1,130,000 · Jul 2025July 2025 | 80,000 /yr | |
| C609 | Studio | 436 sqft | AED 475KAED 475,000 · Dec 2017December 2017 | 34,286 /yr | |
| C610 | Studio | 439 sqft | AED 475KAED 475,000 · Dec 2017December 2017 |
A602, Sherena Residence in numbers
- Sold once: by Rose Homes Investment on 2 May 2017 for AED 1,127,979, or AED 837 per sqft.
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 68,571 to AED 50,000 in 2021 and recovered to AED 62,920 by June 2024.
- At AED 62,920 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 14,800 a year (AED 10.95 per sqft).
- Two-beds in Sherena Residence sold for AED 1,270,000–1,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,158 per sqft.
Source: Dubai Land Department. Updated 1 June 2024.
Questions about A602, Sherena Residence
What did unit A602 last sell for?
AED 1,127,979 on 2 May 2017, sold by the developer: AED 837 per sqft for 1,347 sqft. It is the only registered sale of the unit.
What is the rent for unit A602?
AED 62,920 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 57,200; the unit has been rented since October 2017.
How big is unit A602?
1,347 sqft (125.1 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.
What is unit A602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherena Residence sold for AED 1,270,000 to 1,270,000 in the last 12 months, around AED 938 per sqft.
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Mortgage on A602, Sherena Residence
Starts from the last sale price (AED 1.13M, 2 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,127,979
- Deposit, UAE resident (20%)
- AED 225,596
- Deposit, non-resident (40%)
- AED 451,192
- Monthly over 25 years at 3.7%
- AED 4,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →